Emerson: It’s Never Been Done Before
Category: Corporate Brand/Identity
Communications Objective: Previously, global technology and engineering company, Emerson had successfully established its credibility as a global solutions provider. But despite its many groundbreaking innovations, others in its field were seen as the real innovation leaders. Emerson was seen as “reputable” “reliable” but not “innovative and forward thinking” – attributes it needed to own to win in the highly competitive B2B space.
Goal: Get credit among business analysts, investors and customers for its groundbreaking innovations as well as its future prospects for successfully delivering solutions that propel its customers’ businesses forward.
Challenge: Communicate its innovative but complex solutions, simply.
Approach: New “IT’S NEVER BEEN DONE BEFORE” creative focused on the extreme challenges Emerson helped customers solve, demonstrating that it enables customers operating in even the most extreme conditions to conduct business 24/7/365.
Communications Strategy:
Emerson knew that its investor/analyst targets were information junkies and that they were always looking for companies with groundbreaking technologies. However, they discovered that this highly cynical group perceived everyone to be talking about innovation in the same way – all sounding alike.
To stand out, Emerson needed a different approach.
Fortunately, Emerson is different. Annual investments in the $700 million range for Engineering & Development dramatically improved the way it innovated – ensuring that its innovations aren’t merely improvements to current technology, but produce new-to-the-business, new-to-the-world technology solutions that address critical customer needs.
To highlight Emerson innovation, the campaign features new customer success stories that showcase how its technology enables its customers to do things that truly have never been done before.
While everyone else talked innovation, Emerson showed it.
With a small media budget Emerson had to maximize impact. The “IT’S NEVER BEEN DONE BEFORE” campaign creative ran on a distinctive mix of domestic and international business and financial media like CNBC, FoxNews, Golf Channel, CNN International, EuroNews and the Wall Street Journal.
Emerson wrapped Fortune magazine with longer versions of its stories and gave complimentary subscriptions to key individuals within its target.
Emerson dominated airports in major financial centers with spectaculars, takeovers and animated LED boards.
Rich-media, synced units and in-banner videos ran on websites and iPad apps like CNN, Forbes, BBC, Wall Street Journal and World Media Online.
QR codes gave immediate access to in-depth info for each case on a revamped “IT’S NEVER BEEN DONE BEFORE” website that was optimized for mobile.
Messaging didn’t stop with ads: the powerful story of its new-to-the-business/world innovation was a key theme in Investor Relations communications and all PR efforts.
Results:
The new creative broke in April 2012.
FORTUNE World’s Most Admired Companies survey: in the definitive report card on corporate reputation In March 2013, FORTUNE issued its annual World’s Most Admired Companies survey. In this definitive report card on corporate reputation which compares 687 companies in 57 industries & 30 countries, Emerson’s Electronics Industry Rank rose to #4 up from #5 last year.
In the same report, Emerson’s industry rank for Innovation witnessed the most dramatic change - to #4 up from #12 last year! In addition, its industry score, as calculated by survey partner, the Hay Group, rose while those of key competitors fell.
And for the 1st time ever, Emerson made Thomson Reuters Top 100 Global Innovators list.
A separate Fortune survey of C-level executives worldwide found that 83.5% of indicated that the program had enhanced their perception of Emerson. And 88.9% were now more likely to consider purchasing Emerson products/services.
New stories increased engagement, with CTR (Click Through Rates) and IR (Interaction Rates) for all digital media outperforming industry benchmarks by 6X and 2X respectively in comparison to 2011.
Specifically synched units beat industry benchmarks by 17% and in-banner videos by nearly 3X. New iPad placements leapt over the industry benchmark of .21% with a .95% CTR, while Mobile CTR performed at 3X above the benchmark (a 373% improvement over the previous year).
Site traffic increased by 366%, time onsite increased by 296% & returning visitors increased by 153%. Mobile time onsite was also up by 59%.